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Spanish elections preview: 5 scenarios, mostly EUR/USD positive, at least at some point

From fxstreet.com

Citizens of the fourth-largest economy in the euro-zone vote in general elections on Sunday, April 28th. Voting ends at 18:00 GMT. Exit polls will be published at that time, with final results due around 22:00 GMT, just after markets open. Spain has had its share of troubles in the euro-zone crisis. Unemployment reached 27% and its banks received a rescue. In the peak of the crisis in 2012, ECB President Mario Draghi was thinking about Spain and Italy when he made the famous "whatever it takes" speech. The OMT program, never used, was designed for these countries. Since then, the country saw several years of growth ... (full story)

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  • Category: Fundamental Analysis